Every year Bitcoin has not performed at its level best during Christmas and New year, but will it be different this year or else the trend will continue ? We are yet to witness any correction so far and if Bitcoin stays strong this weekend then Bitcoin will easily cross $25000 mark and if we witness any correction then it will be chaos.
Not really sure if this is correct assumption though, even at bear market of 2018, during Christmas, the price seems to spike and gain a little. Corrections? its bound to happen, we are still in the FOMO, everyone is very bullish so what do you expect?
Of course every price correction of above 10% will be chaos, in any market. But crypto is very different though, a crash of 30%-50% is possible in a single day or hours. But what's important is that how it bounce back from this pullback. Just look at the chart during March and how healthy the market was after that massive dump because of the virus news.